If the Virginian Company pays off its $10 million mortgage at an annual interest rate of 9%, by monthly payments at the end of each month for 30

If the Virginian Company pays off its $10 million mortgage at an annual interest rate of 9%, by monthly payments at the end of each month for 30 years, how much interest will the company pay for the first month of the mortgage?

  1. 75,000
  2. 75,100
  3. 76,000
  4. 76,900

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now